Chase Ink Business Cash® Credit Card Review for 2022
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
The Chase Ink Business Cash® card offers some of the best cash back rewards for office-based businesses. Currently, it offers a $750 introductory bonus cash back reward when you spend $7,500 on purchases in the first three months after opening an account. This business credit card lets you add employee cards at no additional cost and allows you to set individual spending limits and monitor expenses.
Ink Business Cash® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Office-based businesses that want top cash back rewards
Intro APR
0% Intro APR on Purchases
Regular APR
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Intro APR
0% Intro APR on Purchases
Regular APR
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
- Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
Pros
- Top rewards for office supply spending
- Introductory APR on purchases
- Cash sign-up bonus
Cons
- 0% APR doesn’t apply to balance transfers
- High balance transfer fee of 5%
- Designed mainly for office-oriented companies
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad.
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Do you want to compare the features of one card to another? We’ve made it easy for you to do that—check off up to three cards on this page to add them to your cart. This will allow you to view the details in a side-by-side comparison.
How We Evaluate Cash Back Business Credit Cards
When grading cash back business credit cards like Chase Ink Business Cash® card, we consider ongoing rewards first and introductory rewards as the second-biggest factor. We also take into account the annual fee, introductory and ongoing annual percentage rate (APR), and card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 30 | 30 |
Introductory Rewards | 20 | 20 |
Annual Fee | 15 | 15 |
Additional Features | 10 | 15 |
Introductory APR | 10 | 10 |
Ongoing APR | 7 | 10 |
Total Score | 92 | 100 |
Who Chase Ink Business Cash® Is Best For
- Office-based businesses: Business owners can earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year.
- Businesses that need employee cards: With Chase Ink Business Cash®, you can add employee cards at no additional cost and set individual employee spending limits.
- Business owners with additional Chase credit cards: Chase allows you to transfer your Chase Ink Business CashSM rewards to another Chase personal or business credit card within the Ultimate Rewards program to receive a higher redemption value when booking travel.
Chase Ink Business Cash® Fees
APR
- Introductory APR: 0% APR for 12 months on purchases
- Ongoing APR: 13.49% to 19.49% variable, which adjusts with the prime rate
- Balance transfer APR: 13.49% to 19.49% variable, which adjusts with the prime rate
- Cash advance APR: 25.24%, which adjusts with the prime rate
- Default APR: Up to 29.99%, which adjusts with the prime rate
Fees
- Annual fee: None
- Balance transfer fee: Either 5% of the transfer amount or $5, whichever is greater
- Cash advance fee: 5% of the advance or $15, whichever is greater
- Foreign transaction fee: 3% for purchases made outside the United States
- Late payment: $40
- Return payment: $40
- Return check: None
The default APR will be applied to your credit card account if you fail to make your minimum payment on time or make a payment that’s returned unpaid. The default APR may apply indefinitely to all outstanding balances and future transactions on your account.
Chase Ink Business Cash® Rewards
- 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year, then 1% afterward for every $1 spent with no maximum
- 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year, then 1% afterward for every $1 spent with no maximum
- 1% cash back on all other purchases for every $1 spent
- Can redeem rewards for cash back, gift cards, travel, and more through Chase Ultimate Rewards®
Welcome offer: Earn a $750 bonus cash back reward after spending $7,500 on purchases in the first three months after opening an account.
Current Chase Ink® cardholders can earn 20,000 points for every referred business that’s approved for the card. Cardholders who refer business owners can earn up to 100,000 points per year.
How to Make Payments on the Chase Ink Business Cash®
- By phone: Call (800) 436-7958.
- Online: Log in to your Chase online account and click on “Pay card.”
- Mobile app: Login to your Chase account, select your Chase Ink Business Cash® card, and tap “Pay card.”
- At the branch: Visit the nearest Chase branch to pay your credit card bills.
- By mail: Send a check or money order to:
Cardmember Services
PO Box 6294
Carol Stream, IL 60197-6294
Be sure to write your credit card number on the check for reference.
Chase Ink Business Cash® Additional Features
Auto Rental Collision Damage Waiver
When you rent a car using your Chase business card, you and all authorized drivers are protected from damages due to theft or accident. Coverage is primary if the vehicle rental is for business purposes, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency.
This covers rentals that don’t exceed 31 consecutive days. You’ll also be covered for reasonable and customary towing charges and loss-of-use charges incurred by the rental car company. You may receive reimbursement up to the cash value of the vehicle.
Purchase Protection
Chase may repair, replace, or reimburse damaged or stolen items purchased with your credit card within 120 days of purchase. Coverage is limited to $10,000 per claim and up to $50,000 per year. Restrictions may apply, and some purchases may not be covered, including animals, living plants, computer software, collectible items, real estate, medical equipment, perishables, and preowned items.
Extended Warranty Protection
Chase will extend the original manufacturer’s warranty by an additional year on warranties of three years or less, up to a maximum of $10,000 per claim and $50,000 per account. You must have charged a portion of the purchase to your card or used reward points to make the purchase. Items not covered include computer software, medical equipment, real estate, preowned items, motorized vehicles, and items purchased for resale.
Travel & Emergency Assistance Services
Chase will provide travel, emergency, medical, and legal assistance 24 hours a day to the cardholder, their spouse, and dependent children aged 22 years or younger. As is the case with most small business credit cards, this is mostly a concierge service. The cardholder is responsible for the cost of any assistance.
Zero Liability & Fraud Protection
With zero liability protection, you won’t be held responsible for any unauthorized charges made with your card or account information. The bank also continuously monitors your account activity to check for any fraudulent transactions.
Pros & Cons of the Chase Ink Business Cash®
| PROS | CONS |
|---|---|
| Top rewards for office supply spending: Businesses can earn 5% cash back on the first $25,000 spent on office supplies and internet, cable, and phone services. This means that you can save as much as $1,250 per year on these expenses. | 0% APR doesn’t apply to balance transfers: The introductory rate of 0% APR only applies to purchases. This may be an issue if you want to transfer a balance from another card. |
| Introductory APR on purchases: The Chase Ink Business Cash® card offers a 0% introductory APR for the first 12 months after the account is opened. If your business needs to make a big purchase, you can pay off the borrowed amount interest-free for 12 months. | High balance transfer fee of 5%: Some cash back small business credit cards, like Capital One® Spark® Cash Select for Business, don’t charge any fee for balance transfers. |
| Cash sign-up bonus: If you can spend at least $7,500 in three months after opening an account, you will earn a $750 cash bonus. | Designed mainly for office-based companies: This card is an excellent option for business owners who mostly spend on office supplies. However, businesses that operate online and don’t need office supplies won’t be able to take advantage of the high cash back rate. |
| Chase Ink cash advance is expensive: There is no grace period on Chase Ink cash advances, so this can be very expensive, as you accrue interest from the transaction date until you pay off your entire balance. | |
Chase Ink Business Cash® Alternatives
American Blue Business CashTM
The American Blue Business CashTM card offers a straightforward 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% after that. It also offers a low starting APR of 13.24%, and it doesn’t have any annual fees. Finally, this credit card offers a 0% APR for the first 12 months after opening an account, and you’ll earn a $250 statement credit after spending $3,000 in qualifying purchases within the first three months. This card is our pick for the overall best cash back business credit card.
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
Intro APR
0% on purchases
Regular APR
13.99% - 21.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.99% - 21.99%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
13.99% - 21.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.99% - 21.99%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power, when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Chase Ink Business Unlimited®
The Chase Ink Business Unlimited® card is great for businesses that don’t want to worry about spend categories. You can earn 1.5% cash back for every $1 spent on any business purchase, with no cap and no annual fee. There’s also a welcome bonus of $750 after spending $7,500 within the first three months of opening an account. We chose this card as the best overall small business credit card and one of the best cash back business credit cards for 2022.
Ink Business Unlimited® Credit Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
13.49% - 19.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
PNC Cash Rewards® Visa Signature® Business Credit Card
The PNC Cash Rewards® Visa Signature® Business Credit Card is a viable option for businesses that carry a balance every billing cycle. Not only does it have a low starting APR (10.99%) compared to other business credit cards, but it also gives you 1.5% cash back on all eligible business purchases with no cap on how much cash back you can earn. In addition, there are no annual fees, and new cardholders get a $200 welcome bonus after spending $3,000 in qualifying purchases within the first three months of opening an account. This card is one of our choices for the best business credit cards with no annual fee.
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders who want to earn cash back rewards
Intro APR
0% for 9 billing cycles
Regular APR
10.99% to 19.99% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- No annual fee
- Sign-up bonus
- Low ongoing APR
Cons
- Short 0% APR period
- No 0% APR period on balance transfers
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken® or QuickBooks®, or use .csv files.
- Visa Signature® Benefits: This card comes with Visa travel benefits and protection for purchases.
Intro APR
0% for 9 billing cycles
Regular APR
10.99% to 19.99% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- No annual fee
- Sign-up bonus
- Low ongoing APR
Cons
- Short 0% APR period
- No 0% APR period on balance transfers
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken® or QuickBooks®, or use .csv files.
- Visa Signature® Benefits: This card comes with Visa travel benefits and protection for purchases.
Bottom Line
The Chase Ink Business Cash® card charges no annual fee and is an ideal financing solution for office-based businesses that spend up to $25,000 on combined purchases at office supplies stores. It’s also an excellent option for those that need employee cards at no additional cost. If this isn’t the right card for you, compare these top credit cards to find one that’s a better fit for your business.
